Finance and Economy

If the Maldivian government delivers as pledged, Olhuvelifushi could become a model island for infrastructure upgrade, climate adaptation and community uplift in the Indian Ocean region.

The strategy sets out a roadmap for channeling climate funds into key sectors such as agriculture, tourism, energy, water and nature-based solutions.

The “roti crisis” in Pakistan underscores the country’s broader economic challenge – a struggle to balance social welfare with inflationary pressures in an economy...

This warning comes more than a decade of heedless spending for ‘stimulus’ advocated by macro-economists themselves. The warning also comes amid growing concern that the post-pandemic stimulus era may be giving way to a more constrained fiscal environment worldwide.

While the company’s withdrawal may seem abrupt, it is the result of mounting pressures – both internal and external – that eroded its once-thriving business in Pakistan.

Despite billions invested in reconstruction and ongoing government promises, thousands still reside in temporary shelters, and numerous public buildings, particularly schools and hospitals, remain unrebuilt.

A high-level committee (HLC), under the chairmanship of union home minister and minister of cooperation, Amit Shah, has approved Rs. 707.97 crore of additional central assistance to the states of Assam and Gujarat that were affected by flood and landslides in 2024.